Twitter is a private company now. There are no more stocks to vest, so the idea that this is to dodge vesting schedules doesn't make any sense whatsoever.
So essentially there is still vesting, and no acceleration for regular employees.
Curious to hear if anyone knows otherwise.
https://www.teamblind.com/post/Twitter-Accelerated-Vesting-L...
Although SpaceX apparently has vesting stock in a way that keeps the company private. Some of the text messages Elon sent that were published alluded to that.
But there are limits to how many non-insider (e.g. former employees), non-accredited investors a company can have before it is required to go public. For this reason a lot of companies do try to make it mandatory and/or offer sweet deals to buy the shares back upon leaving the company.
I thought that limit was some trivial number. I thought the much larger number (2,000 IIRC) was made up of investors who were either insiders or accredited investors.
Companies often get around this by not doing everything possible to prevent an employee from becoming a shareholder on record. E.g. settling option contracts for cash.